In wireless, the right technology is the key to success
In current wireless telecommunication competition, the right technology is the key to success. That’s why every telecom company has a huge and modern business planning & development department that supported by number of high paid consultant from Booz Allen Hammilton, Mc Kinsey and another top consulting firm.
According to report released by the MIT Sloan School of Management this concept is supported by the fact that the Telecommunication industry is in Oligopoly market which small number of players in the market, facing no risk of entry.
The report also stated that telecommunications market fits several criteria for oligopoly which also supported by
- High barriers to entry (huge sunk and unrecoverable costs)
- Regulation
- Commodity undifferentiated products
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Tags: Axis, Esia, Fren, Sampoerna Telecom, Smart, Three, Wireless
